FedEx calls U.S. tariffs on Chinese goods 'counterproductive'

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A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration

(Reuters) - Global delivery company FedEx Corp (FDX.N) said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are “counterproductive to U.S. economic interests.”

“FedEx supports lowering trade barriers for our customers,” the company said in a statement.